News Corp.: The Australia-based media and entertainment...
From Times Staff and Wire Reports
News Corp.: The Australia-based media and entertainment concern reported a first-quarter loss of $24 million, contrasted with a profit of $27.4 million in the same period a year ago. Revenue rose to $1.7 billion from $1.6 billion. The company said the loss reflected costs associated with establishing its Sky Television satellite network in Europe and the impact of an Australian pilots strike.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
